The main drawbacks I have with college rentals is the amount of wear and tear that the students put the house through, and the fact that they may only occupy the house for a year.

There are some minor drawbacks, but overall - it's been a good/appropriate tool for me.If I can help you out in any other way, let me know.Good luck!

Only draw back is waiting 3-4 days to get the money.

So that sounds like a major drawback.

The biggest drawback is not getting access to the inside of the property, hence not knowing its condition.  

I'm looking into a few different options of ways to purchase a home once I get around to buying my first one late next year, and one of the more attractive opportunities is a state program for teachers who are teaching in-demand subjects in transitional/priority (read: poor) districts, which is what I believe I'll be doing in a year's time.There are a lot of incentives, but the only big drawback seems to be that in "some cases" (super vague, can't dig up too much more) if you sell the home within 9 years and make capital gains, you can be charged what sounds to be a pretty hefty federal tax. 

You may want to amend them them and you will need to follow those rules exactly.The drawback to owning is you would be responsible for any items like parks, infrastructure, or other items they have pledged to do as part of the subdivision.

I think the main road is a drawback and especially the shared driveway.

One of the drawbacks is sure i'm getting a fantastic deal, but when I go to sell, the market is depressed and I'm competing against other foreclosured houses in the area.

Rich, There are benefits and drawbacks to both forum posting and blogging a topic.